FirmaIQ
Org.nr 993 068 152 2013 → 2014 Year-over-year analysis

AGNEFESTVEIEN AS: årsregnskap 2014 vs 2013

Weaker earnings

approved 2015-06-12; registry 2015-06-27; journal 2015 527071

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AGNEFESTVEIEN AS. Revenue 282.0k NOK → 282.0k NOK (0.0%). Net result -11.2k NOK → -161.3k NOK. Equity 492.5k NOK → 331.2k NOK.

On the constructive side: operating result improved; cash rose. Pressures included: net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGNEFESTVEIEN AS.

At a glance

Scorecard

Revenue
282.0k NOK 282.0k NOK
0.0%
Operating result
+187.8k NOK +233.3k NOK
+24.2%
Net result
-11.2k NOK -161.3k NOK
-1341.4%
Equity
492.5k NOK 331.2k NOK
-32.8%
Cash
2 073 NOK 10.7k NOK
+416.9%
Total assets
7.68m NOK 7.88m NOK
+2.6%

What improved

  • ↑

    Operating result improved

    Operating result +187.8k NOK → +233.3k NOK (op. margin 66.6% → 82.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 073 NOK → 10.7k NOK (+416.9% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -11.2k NOK → -161.3k NOK (net margin -4.0% → -57.2%). Calculated

  • ↓

    Equity eroded

    Book equity 492.5k NOK → 331.2k NOK (equity ratio 6.4% → 4.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation